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  • 11 hours ago
Coinbase beat earnings estimates but missed revenue expectations as transaction revenue declined, despite surging crypto trading volume and market share gains.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Coinbase Global reported adjusted earnings of 66 cents per share on $1.78 billion in fourth quarter revenue,
00:09beating estimates of 64 cents per share and missing revenue estimates of $1.85 billion, according to Benzinga.
00:17Revenue fell 5% quarter over quarter.
00:19Transaction revenue totaled $982.7 million, down from $1.56 billion last year and $1.05 billion in the third
00:29quarter.
00:30Coinbase reported fiscal year transaction revenue of $4.1 billion, up 2% year-over-year,
00:36as total trading volume rose 156% to $5.2 trillion and its crypto trading volume market share doubled.
00:44Coinbase said 2025 was a strong year operationally and financially,
00:48as it delivered or outperformed its revenue and expense guidance every quarter.
00:53Shares were down by 7.9% at $141.09 at Thursday's close.
00:58According to data from Benzinga Pro.
01:00For all things money, visit Benzinga.com.
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